The popularity of private trust companies (PTCs) is increasing. This is because PTCs offer privacy to families, more flexibility, and potential cost savings when compared to a family office or a ...
Private trust companies are state-chartered organizations that provide fiduciary services to members of a family. It can only do business with the family, not outsiders. They are a unique option ...
Private high-net-worth families seeking flexibility, control and privacy on fiduciary matters may benefit from forming a trust company. Unlike fiduciary services offered by other professional ...
Clients generally have several key desires regarding their trust planning. These desires, prioritized differently by each client, are: some form of governance structure for the family trusts; privacy; ...
Many high-net-worth individuals and families use a private trust company (PTC) when looking to structure their family wealth. Given that settlors of trusts are sometimes reluctant to relinquish ...
Three private client advisers in Bermuda have contributed to a new book that puts the spotlight on the island’s offering as a world-leading jurisdiction for the establishment of private trust ...